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ARTICLE · 13 OCTOBER 2016

Real Estate 2016

Please briefly describe the main laws that govern real estate in your jurisdiction.

IndiaReal Estate and Construction
Shailesh Vaidya
Shailesh Vaidya
Kunal Vaidya
Kunal Vaidya

1 Real Estate Law

1.1 Please briefly describe the main laws that govern real estate in your jurisdiction.  Laws relating to leases of business premises should be listed in response to question 10.1.  Those relating to zoning and environmental should be listed in response to question 11.1.

India is a quasi-federal state and all legislative, administrative and executive powers are divided between the government at the centre and each state government, respectively.  The main central laws that govern real estate in India are as follows:

(a) The Indian Contract Act, 1872 [Act No. IX of 1872]: The Indian Contract Act, 1882 inter alia specifies the laws governing contracts between parties.

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